provision of investment advice for the purposes of Directive 2004/39/EC. Most importantly, traders do not have to worry about missing a setup, chasing a setup, entering a setup too soon, etc. The trader has been patiently waiting for the price to move to one of their decision spots. These setups do NOT offer a distinct advantage and have a low probability of success. And thank you imposition plus valeurs forex for taking the time to share this post! I try to avoid trading the end of the impulse, start of the correction, and the middle of the correction. Youre simply at the right place, you cant have it better anywhere else.
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How do YOU set up triggers? This happens because more support or resistance is available in that decision area, which makes the decision spot more valuable compared to decision spots with no confluence (see an example of horaires fermeture forex confluence in the screenshot above). We teach a combination of technicals and fundamentals to make you a well rounded and profitable trader. . There is no right or wrong method and you should pick something which you like to use and that matches your trading plan and psychology. Sweet spots, the best opportunities, which we name sweet spots, are areas where the strong confluence of levels exists AND wide open space is present.